Enron's Use of Special Purpose Entities Led To

question 5

Multiple Choice

Enron's use of Special Purpose Entities led to:

• A) Widespread, and wholly unexpected, embezzlements of funds
• B) Widespread embezzlements of funds that could had, and should have, been readily anticipated
• C) The accounting profession developing the concept of consolidated financial statements
• D) Rule changes in GAAP

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Definitions:

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Brightness

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Shape

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Navigate Environment

The ability to move and direct oneself through a space, recognizing and avoiding obstacles, and reaching desired destinations.